How RPA in healthcare is helping to scale the operational efficiency?
Healthcare professionals have a lot to do. From managing a myriad of information to patient records, payments, patient data, billing, and more they have to maintain all the information. Have you ever thought about how difficult it is for them to collect and process information they collect daily? This becomes the most tedious and complicated job for health organizations. Managing the data traditionally following the intricate process leads to slower efficiency and expensive patient care.
Therefore, the need for robotic process automation in healthcare comes into the picture. As per research and market research, the robotic process automation market is expected to reach a global valuation of $5 billion by 2022.
Robotic Process Automation Services (RPA) helps to automate the repetitive and manual tasks that are most crucial in the functioning of healthcare processes. From cost reduction to improved operational efficiency RPA in the healthcare industry has got many other benefits too.
What are RPA and its role in Healthcare?
By imitating the human actions through the user interface RPA uses bots to perform all these actions. It allows multiple systems to get automated avoiding the most significant cost element of these projects. Health workers and organizations can leverage RPA while automating all these manual tasks.
Scope of RPA in Healthcare
Healthcare is one of the most inefficient industries, and reducing these inefficiencies becomes a challenging task. A study confirms that the healthcare industry spends a stunning amount of $2.1 billion per year on the data that is maintained manually because of the errors found. Even though the financial losses caused due to these inaccuracies can be met with RPA, the actual loss could be even more than the expectations.
RPA helps to reduce the unproductive process and tasks with the automation, therefore offering a seamless execution of the administration tasks such as:
- Payment of bills
- Easy management of data
- Safeguarding Data
- Other Administrative actions
- Claims Management
Benefits of RPA in Health care Industry
1. Schedule Quick Appointment
Booking an online appointment with the doctor is no longer uncommon. Managing it manually involves repetitive tasks such as collecting patient data and all other details which could be highly tedious. But with the Robotic process automation, scheduling and managing these appointments as per the doctor’s availability became much easier.
Say, whenever a patient books an appointment with the doctors, staff ensures that doctor has enough time to fulfill all the patient requirements. If not the appointment can be rescheduled.
With automation, all the manual tasks are eradicated. Firstly the data collected is automated and using this data and doctor’s schedule RPA bots can offer the appointment to patient.
2. Automation of billing and coding
The coding of diagnosis and treatment is a challenge and doing it manually is highly tedious. The person can’t keep with all the code changes that are used for medical billing. Due to the sheer number of codes, their complexity the manual process is highly error-prone and time-consuming.
With the RPA bots, there is a 90% improvement in the coding 85% improved process turnaround time.
3. Streamline Claim Management
There are tons of medical claims that are filled every year. With the RPA these manual processes can be automated, and their bottom line is improved significantly. As per research, 91.2% of Americans have their health insurance covered and management of the policy is the responsibility of healthcare workers. This gather of information may sound simple but is not so. Therefore, to ensure error-free management, proper technical support is a must and RPA comes into action.
Automation in Healthcare is a necessity
In this era of digital transformation, RPA is the much-needed tool for every industry that will allow them to focus on fostering outreach and expansion within a healthy and competitive working environment.
RPA still has a long way to go. Let robots perform all your tasks, manage reports and swiftly update information about test results, etc.
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